Ryanair (NASDAQ:RYAAY) Stock Price Down 4.6%

Ryanair Holdings plc (NASDAQ:RYAAY - Get Free Report) shares traded down 4.6% during mid-day trading on Friday . The company traded as low as $136.18 and last traded at $139.00. 129,604 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 516,033 shares. The stock had previously closed at $145.63.

Analyst Ratings Changes

RYAAY has been the subject of several recent research reports. Raymond James increased their price target on Ryanair from $140.00 to $162.00 and gave the company a "strong-buy" rating in a research note on Monday, December 18th. StockNews.com lowered Ryanair from a "buy" rating to a "hold" rating in a report on Friday, January 5th. Finally, Evercore ISI increased their price target on Ryanair from $145.00 to $155.00 and gave the stock an "in-line" rating in a report on Thursday, April 4th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Ryanair presently has a consensus rating of "Moderate Buy" and a consensus price target of $158.50.

Ryanair Stock Down 4.3 %

The stock has a fifty day moving average of $141.67 and a 200 day moving average of $123.90. The firm has a market capitalization of $31.76 billion, a P/E ratio of 14.35, a price-to-earnings-growth ratio of 0.75 and a beta of 1.59. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 1.00.

Ryanair (NASDAQ:RYAAY - Get Free Report) last issued its earnings results on Monday, January 29th. The transportation company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.28). The firm had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.96 billion. Ryanair had a net margin of 15.64% and a return on equity of 29.39%. On average, research analysts anticipate that Ryanair Holdings plc will post 9.25 EPS for the current fiscal year.

Hedge Funds Weigh In On Ryanair

Hedge funds have recently made changes to their positions in the stock. Assenagon Asset Management S.A. purchased a new position in shares of Ryanair in the fourth quarter valued at $3,708,000. Lincoln National Corp bought a new stake in shares of Ryanair in the 3rd quarter valued at about $320,000. Mercer Global Advisors Inc. ADV lifted its stake in shares of Ryanair by 1,259.4% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 27,079 shares of the transportation company's stock valued at $2,632,000 after acquiring an additional 25,087 shares during the last quarter. State Board of Administration of Florida Retirement System bought a new position in Ryanair during the 3rd quarter valued at approximately $1,893,000. Finally, Trexquant Investment LP raised its position in Ryanair by 33.5% during the 3rd quarter. Trexquant Investment LP now owns 49,627 shares of the transportation company's stock valued at $4,824,000 after purchasing an additional 12,450 shares during the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.